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Here Is Why Europe Just Launched The "Nuclear Option" Against Russia
Europe's leaders, we assume under pressure from Washington, appear to be making a big weather-related bet with their taxpayers' lives this winter. As they unleash funding sanctions on Russia's big energy producers, Europe has pumped a record volume of natural gas into underground inventories in an effort to 'outlast' Russia and mitigate any Napoleonic "Winter War" scenario. The plan appears to be to starve Russian energy firms of cashflow - as flows to Europe are already plunging - and remove their funding ability, potentially forcing severe hardship on Russia's key economic drivers. There appears to be 3 potential problems with this plan...
As Bloomberg reports,
Europe’s reliance on Russian natural gas shipments via Ukraine is declining after the region pumped a record volume of the fuel into underground inventories, minimizing the risk of shortages during the coming winter.
The blue line above shows average daily flows at Velke Kapusany on the Slovakian-Ukrainian border, the biggest single entry point for Russian gas into the European Union, last month fell to a record, according to data from Slovak grid operator Eustream AS going back to 2011. The red histogram shows the 28-nation bloc has pumped a record volume of gas into storage, according to Gas Infrastructure Europe, a lobby group in Brussels.
Natural gas flows from Russia to the EU haven’t been affected in the current crisis. Storage sites in Slovakia, which had to seek emergency imports after its supplies were cut in 2009, were 92 percent full on Sept. 4, according to Gas Infrastructure Europe.
* * *
So Europe is stocking-up - which makes perfect sense - just in case Russia pulls the plug... but has now taken the situation to "11" on the Spinal Tap amplifier of escalating tensions by planning sanctions on Russia's energy providers.
The plan appears clear:
stock-up now (to survive the winter)...
starve Russian firms of cashflow (thanks to stockpiles)...
cut off their funding source (sanctions)...
force Putin's economy into a tailspin...
Putin folds and it all ends happily ever after
* * *
There appears to be 3 problems with this plan...
1) What if the weather is considerably colder than normal this winter? (i.e. they need more supply)
Central based El Nino's seem to be associated with much colder European winters than eastern based El Nino's. Temperature anomalies come out on average 2-3c colder than a "normal" European winter.
With a central based El Nino forecast for winter 2014/2015 this would suggest a chance of some brutal cold moving much of central and northern Europe at times this winter.
For the United Kingdom and Ireland a central based El Nino does suggest a colder than average winter as well - Because of our proximity to the Atlantic Ocean the negative anomaly is much less extreme for Great Britain than it is for central Europe and Russia. Nevertheless, with the temperature anomaly coming out at 1c colder than average, the UK would still have a greater chance of a colder than average winter than an eastern based El Nino.
2) Russia has already committed to supporting the sanctioned firms (and we would hardly be shocked if China chipped in)
The Russian government, according to Bloomberg, is ready to provide 1.5 Trillion rubles financing to Rosneft to support production at current level, Prime Minister Dmitry Medvedev says in Vedomosti interview.
Details, ways of support are under review
Support wouldn’t be in one yr; needed to sustain output because Rosneft is budget’s main taxpayer
and furthermore, Gazprom appears to be quickly funding before the sanctions are actually put in place...
As Bloomberg reports, European banks may organize new borrowing for Gazprom, Interfax reports, citing people familiar it doesn’t identify.
The company's board to consider some loans Sept. 23, no details yet, news service reports
Gazprom spokesman Sergei Kupriyanov declined to comment when reached by Bloomberg
3) What happens in Spring? German industrials need energy?
It appears that Putin is a patient man... why not wait till the stockpiles have dwindled, winter is over, and then press...?
* * *
It appears Europe's short-term plan to mitigate the "Winter War" may have bigger boomerag consequences than they seem to believe (and bear in mind the consequences of cold, pissed off Europeans in the past).
* * *
We point out that planned sanctions are on Gazprom Neft will be sanctioned (not the gazprom nat gas entity) as Europe appears to be focused on the crude oil side of things for now.
New European Union sanctions on Russia will expand the number of Russian companies unable to raise money in the bloc's capital markets to include three state-owned oil companies, according to documents seen by The Wall Street Journal.
The documents show the EU seeking to hit Russian oil companies, but leaving unscathed those involved in gas production and export, which are critical to many European countries' energy supplies.
...
Under a modest expansion of sanctions introduced in late July, the three oil companies - Gazpromneft, the oil-production and refining subsidiary of OAO Gazprom, oil transportation company Transneft, and oil giant Rosneft - will be forbidden from raising funds of longer than 30 days' maturity.
* * *
So jab at oil companies, and mitigate natural gas restriction blowback?
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Going all in with a deuce and a seven in the hole would be exactly what I would expect from Barry. It is amazing how much incompetence one can get away with when the press corps is actively covering your ass.
Going all in with a deuce and a seven in the hole would be exactly what I would expect from Barry. It is amazing how much incompetence one can get away with when the press corps is actively covering you, the constituency is asleep, and/or stoned off their ass.
There, fixed it for you! Thought to be fair, your version wasn't 'wrong' :D
Dammit. I knew there was something I was missing.
Blind:
What's missing is to add:
And when you are Black and the entire government is terrified of the Black Racists, who will promptly end your career with their relentless cries of "Racist! Racist!" if you try to remove him.
-30-
The weather will be very cold in Europe this winter, contrary to the left's watermelonism.
http://www.iceagenow.com/Sunspots_and_global_cooling.htm
http://4-ps.googleusercontent.com/x/www.powerlineblog.com/i0.wp.com/www....
While the link to iceagenow works, the information on the page is a few years old. Anyone interested in newer information can visit www.iceagenow.info.
Da, i'm confident that if our (un)elected political lapdogs remain resolute and steadfast to their overlord bankers tune, Russia will cave and China can be brought into the Brotherhood.
SARC ON.
So what about next winter, the winter after that, the winter after that???
Shale gas will solve everything! Saudi America is here!
/s
Russia gets to raise its prices next winter. And the winter after that. And the winter after that.
Gazprom Neft, the direct target (GZPFY) is taking only a 3% hit on miniscule volume. My OGZPY is down .92%. The RUSL is down 2.56%. These are bottoming-out numbers. There is tremendous value in Russian stocks. Get in while Wall Street shuns them. This is where the money is made, boys.
Yup. Whaddya think GS is doing? Shorting or selling Russian stocks?
As usual, they are being 2-faced about it: Telling their customers to sell, and buying it themselves.
Russia is not unlike China in that they dislike social upheaval in their own countries and understand the importance of keeping people employed. When employment drops, civil unrest is more of a problem in Russia and China than it is in the west simply because their economies provide less of a social net. Russia has few options when their energy sector is idled. They do have a manufacturing sector dedicated to domestic consumption but little they can export aside of weapons. For these reasons its extremely doubtful Russia will impede the flow of natural gas or oil from their land. They are very much dependent upon hard currencies which they can not get without exports.
They have a great deal of world-class engineering capability. Most of it is in the mil, space and aero industries but it can and will grow given time.
ALL US futures +DAX now GREEN?????????????? and of course Gold & Silver slaughtered
Good, will make up for the hit I took on pounds.
Typical green blowback and unintended environmental destruction:
"Germany needs coal to balance dependency on Russian gas"
"We will close further nuclear plants; these capacities need to be replaced,"
http://www.reuters.com/article/2014/08/27/germany-energy-regulator-idUSL...
http://wattsupwiththat.files.wordpress.com/2014/01/e0155-germpoweer.gif?...
Mr pResident, we can support ourselves with Coal Energy!
Well, that is why I have outlawed it.
When will you silly people realize my job is to destroy you and salt the earth of Amerika?
Would you Really do that?
Yep.
Damn, you guys Really Are a bunch of Chumps! You sold out for cellphones and EBT cards!
It seems that the European governments want to discourage investments into Russian companies that produce oil and gas, very real assets; and encourage investments into government bonds of semi-bankrupt countries.
"Buy ze paper, Hans. If it becomez off no value ve can burn it."
"Ja. Haff you zeen my gloffs?"
If NATO/USA actually take a physical swing at Russia I can see a
"Kiss Saudi Arabia, Qatar and other oil terminals/shipping points goodbye"
Hope EU have a 10 to 20 year supply of wood-stoves and coal on hand
plus horses to pull wagons of food to supermarkets.
It is quite obvious at this point if you think about it, TPTB have decided to Fuck everyone else while they move to Singapore.
I'da thought a buncha them woulda preferred Bangkok.
There's a reason for the name
Forget the food. It will be radioactive.
And the refineries too (i.e. the few that do exist). Long a rash of Refinery accidents?
4) China will buy what Europe forgoes
The pipeline, from Russia to China, has not been built, yet.
Will need to send LNG via rail to China until pipelines are built.
Said rail will have to be monitored and guarded by military 24/7/365, with killer drones taking out "goat-herding" or Black Ops MFers who get too close and have sabotage ob their mind.
Why doesnt Putin just raise the price 50%..here EU stock up on that
"Hans! Vat iss ze problem?"
"Ze gasss ve stockpiled iss not pure NG."
"Ve haff been Backdoor Barried!"
"Ja!"
****
"Hans, vat are you doink?"
"Do I looK Chinese?"
"Nein- bu ze clothes are goot."
"I vas hopink to get some gas."
"Throw ze fone book in ze fire."
Even if, and a big If it is, Germany et al could manage to 'stockpile' the NG sufficient to run their countries ... like potatoes under the kitchen floor ... even if the US could do an airlift-style massive LNG shipment ... these operations will cost muey dinero. Are the people of Europe ready to sacrifice for ZOG, NATO, and Chalky? Are they ready to kick in an extra 25% to heat their homes? Even given the wonderful economies they are all enjoying ...
Airlift LNG? Are you f***ing insane or just science illiterate?
Back in 1948 during the Berlin Blockade the USAF airlifted many thousands of tons of coal. So it is theoretically possible to do the same with gas bottles.
Of course to supply all of Western Europe and not just Berlin means they would need lots of planes. I'm sure they can just print the money and avgas as needed /S
Russian penetrator weapons will relieve the Euro-Peans of their "Reserves."
hahahahhahaha.
Barry must have sucked every dick at NATO and passed out a lot of cash and Obamaphones.
"Welsh Authorities have discovered a massive crime of missing chrome since last week's NATO Summit>"
Extremely harsh winter predicted too (much worse than the last BS harsh winter that was blamed for poor economic numbers).
I'm convinced TPTB are rigging at least one Black Swan event. They see the end of the ponzi scheme quickly approaching and can't stop it. The only thing left is to find something other than themselves to pin the blame on, so when we begin to recover from the economic shit-heap that they manufactured, they will 'fix' it with new rounds of QE.
Dont start on the long weather predictions. This time last year the prediction was for a pipe cracker, what happend ? the mildest winter ever in Germany.
The American Government gave away the Peoples money (savings) to the Bankers.....Now the Bankers with all this money need MOAR. Now the Bankers tell the American Politicians what to do......The American Politicians tell Other Governments what to do........They also are backed by the Central Bankers.....All of them are related.....And Because Russia doesn't have a Central Bank that bows down and is putting up a fight abgainst the Petro Dollar ........They must be Bad......The West must fight Them........Lets put the Bankers and their Puppets in the line of Fire. They are a blood sucking non productive drain on the Tax payers. They do nothing Productive yet counting the money or exchanging it into items that hold no Value they are saying we must war? Fuck the American Federal Reserve. Fuck Nato, it is off the coarse it should hold. This is not for the people but for a few that want it all. Time for everyone to say the Buck stops here and now.
Take back the freedom that was created and now derailed. Jail our Masters. Or trials thet chant "He Needed Killin" (She as well) equality.
Europe will soon truly understand the meaning of 'non-renewable resource'
So far only the people in Ferguson say no more and the rest suck the tits of MIC and Wall Street like there is no tomorrow.
It seems that new technology has been developed that completely changes everything .
New weapons , energy source and drive mechanism . Already done .
This is why those in the know have quietly been getting out of oil and gas .
Soon you will have pay somebody to come and haul the smelly garbage away .
See
http://andreswhy.blogspot.com/2014/09/rogue-swan-weapons.html
http://andreswhy.blogspot.com/2014/09/rogue-swan-superhero.html
http://andreswhy.blogspot.com/2014/09/rogue-swan-tech.html
Really , really interesting times ahead.
Good luck !
That you Zaphod Beeblebrox? Why don't you just quote the use of the Infinite Improbability Drive to move things from A to B?
When austerity pain is coupled with higher natural gas prices, or no natural gas, civil unrest is more of a problem in the EU than it is in Russia because people in Russia will willingly suffer for their Motherland. The Russian people know that the US, NATO and the EU fomented a regime change coup in Ukraine and these very same villians want to do the same to Russia!
yep, learning more about the U.S. modus operandi, finishing a series on the Vietnam war, the U.S. played Saigon as a patsy and leaned on Saigon to sign the treaty for the U.S.'s hasty retreat and left Saigon waving in the wind for the Commies to take over. The U.S. uses this playbook over and over.
So...if russia turns off the gas Europe's gonna blow them up?
I dont get it.
Hey, this German doesnt need Russian gas, just wish it was that easy. There will be a no flying sanction on useing Russian airspace soon.
Time to play the European national anthem, of which we are all so proud https://www.youtube.com/watch?v=q6-tlCvVgLw
great for platinum miners, since that is the primary catalyst in room temperature fuel cells.
Fuel cells need fuel and if the fuel has impurities it poisions the catalyst which destroys the fuel cell, they are fussy little creatures suitable for use where there are no alternatives available.
daimler Benz has been trying to get them to be cost effective and practical since before the turn of the century.
What Europe says and what Europe does are often two different things.
Been this way for a very long time.
Stop Loyd Blankfein's financial terrorism.
So according to all the facts, I wouldn't actually call this new round of sanctions the "nuclear option", since gas will still be exempt.
I'd call it "new unclear option" instead.
Yet another talk tough, act not-so-tough move on the part of America's euros whores.
if they are stocking up now... doesn't that mean they are just buying more? Same reason those "no gas day" protests fail... everyone just fills up the day before. idiots.
This couldn't possibly provoke Russia into a first strike stance. No fucking way.
Fourth problem:
Winter comes every year.
"I have been given a Cunning Plan"
---The Black Backdoor
The Tag team of Freddie & Tony,
Kicking the Shit outa Trolls-!
Bruce Willis: Yippee-ki-yay, motherfucker!So the EU counters russia by buying more gas than they needed from russia for long periods of time.
Genius.
. . .
Itar Tass or WSJ??
BRUSSELS, September 8. /ITAR-TASS/. EU countries failed to approve new sanctions against Russia through an automatic written procedure as yet, which led to a necessity to summon an extraordinary meeting of ambassadors of the 28 European Union countries “to discuss the situation”.
Putin is a patient man... Gone by March, plenty want to run Russia and will deal to take the seat.
It will be a big silver platter the new guy gets to play ball.
Glad that Monday is here weekends at the fight club are kinda weak.
This is a thread with some great posts BUT everybody is forgetting how the 'Great War' started. Putin is very smart so far about things so far but he has only limited control over the situation and he has to make assumptions about his opponents. Kaiser Wilhelm assumed that he could win a 'short, victorius war' but he wound up with a bloody stalemate. It is going to depend on the ego's of the various players, starting with Putin.
"Europe's leaders, we assume under pressure from Washington, appear to be making a big weather-related bet with their taxpayers' lives this winter."
The EU is probably just blowing smoke up Washington's *ss. A number of EU countries said 'no more' to sanctions and all 28 have to sign off on any plan.
The NATO fiasco is a good measure of where europe is with ussa policy.
As one poster has said. 'What europe says and what europe does is 2 different things'. A bit like the Hollande faux pas re: Mistral.
One might begin to think that europe is waking up to the ussa cowboy mentality.
wouldn't that be something to see. lol
If the EU is getting nasty on Russian oil exports, Putin should get nasty on gas exports.
He can cancel the South Stream pipe investment and put the EU on notice that gas supplies to them are going to be reduced until they regain their senses.
And he goes broke. Russia has nothing to export but gas, oil, and minerals. That's it. Up until three years ago, they couldn't even fuel their military jets.
They just finished a natural gas terminal in Texas (1 year ago) designed to endlessly send natural gas to Germany via LNG tanker. The Germans saw this years ago as did the French. Italy has a natural gas pipeline running under the mediteranian from . . . . . Lybia.
Russia is toast and Putin knows it. Gas will come from the med (Lybia, UAE, Greece eventualy) and the northern eurpean community will get via tanker and the north sea.
Your expert opinion of how much price will rise for froze and haul that LNG for the Europe?
if price rise, then Russia only need sell less for same income and more net? da?
and still have resource for later...true?
And tell us about depletion rate and eroi of frack....
later please fill us in on environmental damage possibles
and unkowns
LNG from Texas is a pipe dream. The CEO of the plant said so himself. There's not enough current production and it would take years of infrastructure to get there. Meanwhile LNG is expensive. Will tripple the cost of natgas to Europe if it were even possible...
Many analysis, far better than yours, has been done on this subject and they all agree - the EU has at least another decade of dependency on Russian gas, given the expense and time requried to arrange new facilities from new sources. And whatever happens, be aware of this - in the end gas and the rest of the fossil fuels are geologically limited resources. Russia will always have markets for its gas.
"endlessly send natural gas to Germany via LNG tanker"
exaggerated and oversimplified comment.
Define endless ? Do you mean continuous...which is impossible ? at what cost ? how many ships deliveried per day to produce the same volumes being consumed daily in Germany from Russia (Nord Stream and other)?
I listened to several old school Russia scholars discuss with experts on Russia - West relations. All the people at the table were old school, going back to the worst days of Soviet Communism and Western ternsions. They had some interesting points of view based on decades of study and diplomatic work in this field, plus consulting to bug Wall-Street firms on ecomics of east west relations.
One point was made by them all and it was this. Since Reagan threw the Neocons out of his administration as "crazies". They have slowly regained ground in Washington, Clinton allowed them full access and under Bush and Obama they now have full control of policy. To understand Neocons, simply use your goggle search, they are very open and publich a lot every year.
So, Neocons run the State Department, the Spy agencies, The Pentagon to some degree. The experts said that in the last couple years Washington, on it's own, dragging the EU with, have decided on a firm policy of total, complete and utter isolation of Russia from the rest of the world. They seek 100% lock out of modern Russia. Obama favors this total isolation war to destroy Russia by destroying it's economy. Much like Iran was isolated. All the evidence points to these guys being right.
Ukraine was a sore issue for Russia and Ukraine for centuries. The USA moved in to stoke this tension to red hot with the American funded and operated coup in Kiev. The USA pushed Kiev to go to total war to force Russia to act. This was all pretext to force Europe to accept the isolation of Russia, once Europe was onboard, the USA would attack and threaten other nations to do the same.
Neocons are determined not on a cold war, but this time to get total victory in a cold war with Russia. The abover ZH post shows proof that this is indeed the course Washington is taking. The EU leades are being stongarmed and blackmailed to go along. Bribes for leaders and their extended families are also a part of this control mechanism. No matter how badly EU suffers from a cold war with Russia, Washington see this as being right on track.
Stay tuned, there is much more to this issue, More research should make clear how this whole plan has been gamed. Also, there is good reason to believe Washington will take earth to the very brink of Nuclear war. That is how important they believe American take over of Russia is. There are reasons Washington want s to control Russia with puppet American slaves. That is another post.
And the whole scheme relies on the petro dollar remaining viable. I would suppose if the US dollar really tanks, the nuclear first strike option will come to the fore. A couple of ex Generals are saying the US should be on Defcon1 and that Obummer should be impeached along with the whole cabinet. -probably the reason they are "ex" Generals. (Macinerny and Vallelly)
Indeed. The rush to take Russia down at all costs makes me think there is a fear in Washington that Russia is already working to take down Dollar Hegemony. Putin knows the real strength behind American power is simply "King Dollar" and the USA's ability to print wealth with a printing press. A dollar that is just green paper, but buys oil, consumer goods, and all form of influence abroad. 1/2 of the entire US military budget is printed dollars. One Whole Half! That half is the part that gives the USA the global edge, and it is simply printed from thin air!
Jack, one of your few comments which I agreed with, more or less.
I understand what you are saying. But I really think this is all what happens as fiat based economies collapse after 100 years of build-up and largest credit expansion in history. This endgame will be dismal to the bitter end. Expect the emerging economies to buddy up with majors and ride it all the way out. Maybe 5 majors in the final match. Dismal results. Fiat sucks but its what this was built upon. Creative finance allows all these byzantine and apparently corrupt and some actually corrupt outcomes..its what pops out. Maybe there will be a good solid and survivable bridge to the other side at the end.
Like Portugal which should be allowed to collapse, but is protected, and corrupt outcomes every day, until gets wiped out or wiped clean or some other outcome.
Instead of war or wars, maybe there will be a worldwide collapse in stages, waves or phases (semi-centrally-controlled)...but at some point or places there will be complete anarchy and riots.
Fiats collapse and many times the debts are never paid off...
https://www.imf.org/external/pubs/ft/wp/2013/wp13266.pdf
Here is some "modern Russia":
1.) Pay-TV channels face ad ban in Russia
http://www.ft.com/cms/s/0/cece05b2-0394-11e4-8ae4-00144feab7de.html#axzz...
2.) New Russian Internet Censorship Law Targets Bloggers
http://www.thewhir.com/web-hosting-news/russian-internet-censorship-law
Russia’s Insane Crackdown on Bloggers Begins Todayhttp://www.slate.com/blogs/future_tense/2014/08/01/russia_bans_dissident...
3.) Russia: Anti-LGBT Law a Tool for Discrimination
http://www.hrw.org/news/2014/06/29/russia-anti-lgbt-law-tool-discrimination
4.) New 'Anti-Maidan Law' Lets Russian Authorities Come Down Harder on Protesters
http://www.themoscowtimes.com/news/article/putin-signs-law-toughening-co...
5.) Putin Signs Law Punishing Separatism with Jail
http://en.ria.ru/russia/20131229/186063866/Putin-Signs-Law-Punishing-Sep...
The last one is an irony... isn't it?
So I guess MH17 is officially gone down the memory hole?
Nearly, the interim report is due out of Holland tomorrow.
However all is not quiet
MOSCOW, September 8 (RIA Novosti) – Judging by the poor amount of data released on the investigation of the MH17 crash in Ukraine, it is possible that the information is being withheld, Former CIA representative David Speedie told RIA Novosti on Monday.
“There has been complete silence for the past three weeks… The silence, it means people are hiding things. Where is the conversation between the control tower and what did the Ukrainians do with those things? Why is there a secret agreement between Malaysia, Ukraine and Holland not to say anything to anybody? Judging by the poor evidence that has been out there, people are hiding things,” Director at the US Global Engagement Program, Carnegie Council for Ethics, David Speedie said.
“Where are those black boxes? The black boxes have been in London for three or four weeks now. We should have some results. Why were they given to the British? There are all kinds of unexplained reasons here,” Speedie said.
The expert also said that if “it were the Ukrainian forces that did this, and it was done without Poroshenko or even Yatsenyuk knowing about it” and Russia has information about it, then that may be “very embarrassing” since it may prove that the Ukrainian leader is “not in control.”
Finally, the "experts" get it.
Great post! Indeed. the Silence says volumes about who really gunned this plane down. It is nearly a sure bet it was either 1 or 2 SU-25 Ukraine ground attack planes flying at their limit of ceiling or, a new theory, that one of Ukraines MIG-29's was the killer. The two have identical radar signatures. It is believed the Ukie MIG's are flown by Poles, as when they are in the air, polish has been often heard on radio frequencies listened to over air control channels by rebels. Either way, and this is vital evidence "The cockpit area on the pilots side is riddled with 30 MM cannon shell holes, as if three burst were fired at the cockpit. One above and behind, one just in front and a huge one right at the pilots seat." Pictures confirm this as fact. Rebels do not fly SU-25 or MIG -29! Ukraine does. Radar proves and eye witnesses at the time saw the Aircraft approach the Malaysian plane just before it came down. And cannon fire was heard in the air. All this I saw on videos the day if the shoot down, just hours after. Witnesses on the ground describle all this.
The day after MH17 was shot down and the West and its MSM did not insist the ATC recordings be made public, it was clear which way the wind was blowing and was going to continue to blow.
Nuclear Option Delayed
Updated on 08:58 p.m. Moscow Time
MOSCOW, September 8 (RIA Novosti) - The European Union has delayed the implementation of a new round of sanctions against Russia pending talks on their possible suspension if the current ceasefire in eastern Ukraine holds, Reuters reported Monday.
According to Reuters, EU envoys are due to meet later on Monday in Brussels to decide "whether the sanctions should be first implemented and then suspended or whether they should not be implemented at all at this stage."
Reuters has earlier reported that the EU agreed in principle last week a new set of sanctions against Russia over its alleged role in the Ukrainian crisis.
The new sanctions list reportedly includes Russia’s Rosneft, Gazpromneft and Transneft energy firms, as well as state-run companies with a turnover of more than $27 billion annually.
The European Union and the United States have already imposed several rounds of economic sanctions over Moscow’s alleged participation in the Ukrainian conflict. The Russian side reacted by introducing a year-long ban on certain food imports from the European Union, the United States, Canada, Australia and Norway.
At the EU Summit held in Brussels on August 30, European leaders urged the European Commission to create proposals for more sanctions against Russia within one week. However, the opinion of the EU member states on sanctions remained divided and the Prime Minister of Slovakia Robert Fico called on the European Union to put off imposing new sanctions against Russia.
But ... Global Warming.
In the background is always - always - Likudnik Zionism....
http://mycatbirdseat.com/2014/07/the-unfolding-of-yinons-zionist-plan-fo...
5 million people in Slovakia are not of a concern, they consume 5% of German consumption.....
+10
Yo Duffy... trying to give you an UpVote but when post is in Italics style...
It seems that it locks the upVote/dnVote code ????
let's review. the loss of south america has led to a brics takeover capped the other day with an argentina bailout. venezuela is next.
africa is total chaos from tribal stuff to religious stuff to economic stuff to racial stuff, to disease. what a fucked up place. how much of that is part of the doctrine of order out of chaos? north africa was obviously part of the plan and all the way to pakistan. how is that plan working out? has it seemed like the smart thing to do? for the usa? for the world? are these people really that stupid? or crazy?
the move on russia has taken off all of the masks used for this operation from 9/11 to wmds to spreading democracy to ruling the world. i don't think europe has a sack to drop a coupla balls in if they could ever find the balls. so we are going to the war to end all wars, la fin.
russia is obviously looking for a winter showdown. the west has to take that card away so they stockpile for the winter and play for the spring. in the meantime, none of this works without the bottom half of the class rally around the most convenient flag. a european event would be more appropriate since nato will be the first responder or they could just escalate syria and use the usa instead.
anyway, these assholes are quickly backing themselves into a can't retreat corner so this is going to get ugly sooner than later.
1.) Cold winter. I have photo which was taken this 1. january in Latvia. It was green grass growing.
2.) China chip in for Russia? :D Ha ha ha China is no mother Teresa!
3.) That map should updated. Baltic states will be independent from gas suppliers after buildin gas terminal in Lithuania at end of this year http://en.wikipedia.org/wiki/Klaip%C4%97da_LNG_FSRU
Hope they are not counting on LNG from the USA....
Finland and Baltic States to use/get LNG...OK.
At what cost compared with existing pipeline arrangements...that is the key.
Will the LNG cost go up 2x, 3x, 4x, 5x compared to what they paid last winter ?
End game (?): US's ISIL Caliphate with a footprint in Syria and pipeline deals with the Saudis - might take a winter to complete. Sanction Europe, run on reserves and give the US a reason to pretend to fight their terrorists in Syria while taking out Assad (& his gold/oil).
Off Topic:
Gold slammed lower breaking support at app. $1259 ($1251.60 low on the day) as the United States and Europe use the price of gold as a weapon against Russia and China.
Not off topic at all. Russia and China are pleased.
Never average down, it compounds losses
Dmitry Medvedev has given an interview to the Vedomosti newspaper on its 15th anniversary
8 September 2014, (Russian Government)
http://government.ru/en/news/14809
Excerpt:
Question: Back in spring, both Government and Kremlin officials said that there won’t be any sectoral sanctions.
Do you expect new sanctions, and if so, what sectors do you expect to be hit and how might Russia retaliate?
Dmitry Medvedev: I hoped that our partners would be smarter. Alas.
You’ll have to ask them if there will be new sanctions.
If there are sanctions related to the energy sector, or further restrictions on Russia’s financial sector, we will have to respond asymmetrically.
I brought up some options during a meeting of the Government. For example, we could impose transport restrictions.
We believe we have friendly relations with our partners, and foreign airlines of friendly countries are permitted to fly over Russia.
However, we’ll have to respond to any restrictions imposed on us.
If Western carriers have to bypass our airspace, this could drive many struggling airlines into bankruptcy.
This is not the way to go. We just hope our partners realise this at some point.
Moreover, these sanctions have done nothing to bring about calm in Ukraine.
They are wide off the mark, as the vast majority of political leaders recognise.
Unfortunately, we are seeing the inertia of a certain way of thinking and the temptation to use force in international relations.
Google. "Abandonded russian military bases"
Look at Images
Didnt you know EU i s ready to use saltwater powered energy now.
https://www.youtube.com/watch?v=RqLpqR0SPnQ
http://www.dailymail.co.uk/sciencetech/article-2739768/The-sports-car-ru...
More on MH17
MOSCOW, September 8 (RIA Novosti) – New information on the crash of the Malaysia Airlines flight MH17, expected to be released by Malaysian experts on September 9, should not be trusted, Vice President of the Russian Civil Aviation Union Alfred Malinovsky told International Information Agency Rossiya Segodnya on Monday.
“Some versions [of what happened] could be voiced, as well as preliminary conclusions. It is hard to say whether or not they should be trusted but my personal opinion is that they should not. First of all, because it is hard to believe that those who possess the information are absolutely objective and unmotivated. Obviously, they have motives. They are being pressured by the United States, the European Union, and so on. But at least the information could give experts an opportunity to discuss the issue,” Malinovsky said.
Malaysian Minister of Defense, Hishamuddin Hussein, and a group of 30 Malaysian experts arrived in Kiev Sunday night to carry out further investigation of the MH17 crash in eastern Ukraine.
On Monday, the press service of the Special Monitoring Mission of the Organization for Security and Co-operation in Europe (OSCE) to Ukraine announced that Hussein was expected to meet with Ukrainian Prime Minister Arseniy Yatsenyuk.
At the beginning of August, Kiev and Kuala Lumpur signed an agreement allowing up to 90 non-military Malaysian experts to investigate the crash of the MH17 aircraft. However, the work of the experts was interrupted due to safety concerns, and on August 12, they returned to Malaysia.
Dutch Intellectuals Apologize to Putin for Lies on MH17, Syria, Ukraine… (In Dutch, English, German and Russian) http://ommekeer-nederland.nl/brief-met-excuses-aan-president-putin/
Good news... and Bad news...
The good news is if you're an international traveler to Europe and Asia your "frequent flyer miles" just hit the lottery.
The bad news is, so will the price of your ticket.
You have to love NATO's fucking stupidity and arrogance -in that order!
Why pay more if I can change company?
"The plan appears to be to starve Russian energy firms of cashflow - as flows to Europe are already plunging - and remove their funding ability, potentially forcing severe hardship on Russia's key economic drivers."
Sure.
Because they JUST COULDN'T have objected to having the notion of a NUCLEAR FIRST STRIKE ORDER tied to how much they buy floated.
I think the Kremlin missed a few lessons on customer relations. Maybe I missed the 'Shakedown' chapter of the textbook? The one where you offer to kill your customers if they don't buy more, more, more, at any price you might like?
Is this offensive, directed at Russia? Or is this a reaction to Russia's business practices?
If the Americans are just as bad then where is the nuclear first strike order for not stocking enough dollars?
Unless Europe buy gas elsewhere, is irrelevant that buy now or in the winter. Europe will always have to buy gas or... they don't want pay?
Russia is not the world's only Gas vendor.
Who has not paid other than Ukraine?
like DUH.....but the are the ones that matter the most to the EU and Ukraine
Just did a search of the article and all comments up to mine ... for the word "seasonal". No hits! None! Why is that???
It's obvious to me, based on a sample of one shown ... and plain old common sense, that we're seeing a normal inventory buildup to be ready for seasonal winter demand. Built up last summer (in an identical fashion) and winter demand drew it down (in a perfectly logical fashion).
This is exactly the pattern you would see if purchases were level and difference in purchases and demand went into (or out of) inventory. That's one of the reasons for inventory.
Berlusconi quoted in the Telegraph, 'accuses west of iresponsible Russia sanctions' ' It's official' Italy will surrender to Russia when it kicks off.
To go with this "nuclear option"...
"Dumb and Dumber"! I'm with Rivero -anything at this point for these fucking lunatics that are "losing their shirts in the process" and not getting their way is a card to be played!
"I am looking at the NATO exercises in Ukraine, which started today; I am looking at the fragility of the Ukraine vs/ Eastern Ukraine cease-fire; and I am seeing President Obama's pledge to the people of Estonia for US and NATO protection against an as yet thoroughly unrealised threat from Russia.
The exercises end on 9/11 (can't get away from the symbolism here); and I am seeing all possible elements blending together for some huge false flag, somewhere in Eastern Europe, to be blamed on.... drumroll, please...Russia.
I have to wonder if the gentleman protests too much, and that the possible location of the next false flag will be on the Estonian/Russian border; please remember, three days ago, on Friday, there was an alleged "abduction" of an Estonian security officer on the Russian border. As reported in theguardian.com on 5 September:
An Estonian security officer has been abducted during an operation to stop an illegal crossing on the Russian border and taken at gunpoint across to Russia, Estonia's internal security service has said. Estonia's foreign minister, Urmas Paet, said Tallinn had contacted Moscow about Friday's incident on a border that in recent years has seen a number of incidents involving smuggling, illegal migration and weapons trafficking. "He was captured using force at gunpoint. He was fulfilling his duties preventing cross-border criminal activity," a security service statement said. The unidentified abductors, at the Luhamaa checkpoint, had jammed radio communication and used a smoke grenade.
Is THIS how Obama and NATO are going to push for an escalation, now it appears that the ceasefire between Ukraine and Eastern Ukraine just MIGHT be holding? And were the people who abducted this guy really Russians?!?
I am experiencing a "Wag the Dog" moment playing in my head right now, for real.
I hope to hell I am wrong. And I hope to hell that the Estonian government will be guarded by cool heads, moving very carefully on this issue."... Mike Rivero WhatReallyHappened
Rumours are one of the ships, the New Lusitania, is around Novorussija on 10th of September...
Or Hell... With the way MH-370 and MH-17 turned out with "no questions asked", maybe it'll be the Enterprise AGAIN?!!!...
The U.S. Navy will never responsibly scrap that carrier let alone dispose of the nuclear material(s) on board.
After all we're fucking broke and that money can be better utilized elsehwere paying for new mercenaries to "blow up"... well... a 53 year old aircraft carrier to blame on the Russians to start the last and only war that will matter!
Russia goes to war with the EU/US, their economies combined are around $35T. Can't wait to see how the Russian economy handles this one. Chinese bailout inc~
But as with Achilles, the EU has its Achilles Heel - energy. Even the greatest and fiecest of giants can be brought down hard after cutting their heel.
That is a great point but how can Russia's pocketbook handle the loss of income? The sword cuts both ways.
just type here USA,EU debt plz, they are bankrupt nations...
well, we are more than bankrupt-so is the EU....Russia has got reserves
GuardianCHQ is suggesting that Russia itself may have shot down the airliner:
"Investigative journalism website Bellingcat has published photographs it said suggested that the anti-aircraft missile involved in the attack was fired by a Russian unit, the 53rd Buk brigade, based in the city of Kursk. "The new information presented in this article adds to the existing evidence that the Russian government bears responsibility for the tragedy," it said."
http://www.theguardian.com/world/2014/sep/08/malaysia-airlines-mh-17-dut...
The timing of this is more than a little suspect. We should all be prepared for them to point the finger at Russia and bury whatever real evidence there is.
It should be clear at this point that psyops have taken over key centres in the production of information and liberals/conservatives on the left and right will repeat it no matter what.
Bellingcat is supposed to be everything but investigative. A crowdfunded blaming 'machine' and all they got is this weak claim.
Well, after their cub reporter Shaun Walker's story of a column of Russian APCs (with stealth technology which renders them invisible to cell phone cameras) sneaking through a hole in the fence, it's not like The Guardian really has that much credibility left to lose.
The Brits and their masters in Vichy DC must have dug up some really juicy dirt on the people that run The Guardian for them to obediently sink so low. At this point I'd give more credence to the Bat Boy stories that used to run in The Weekly World News.
I stopped buying that rag years ago. Couldn't stomach the really cheap propaganda with no news whatsoever. News ONLY from UK some 2-3 from Europe and the rest from USA, do not have anything against the US of A , but what about the rest of the Planet? and I could not stand most of the OVERTLY Zionist so-called reporters.
Wow, this came out the same day Germany said there was no evidence of a missile.
http://en.ria.ru/world/20140908/192745309/Germany-Says-No-Data-Confirms-Malaysian-Boeing-Downed-by-Missile.html
I guess we are still in the "we said" / "they said" game.
everybody in the loop knows that the MH17 was shot down by ukranian MIG-25
Satellite images released by the Russian Ministry of Defense show a Ukrainian plane in the vicinity of the MH17 prior to the crash.
Its time to put the EU leaders in the space capsule heading for Uranus; to be read as ur-anus!
The view that the bipolar world of the Cold War remains is an anacronism.
SA does what is good for SA.
Qatar does what is good for Qatar.
Turkey, for Turkey.
The EU for the EU.
And so on.
The view that all of these are simply sock-puppets for Bathhouse Barry is simply counter-factual.
Barry is not that influential, and never was.
And the rest pursue their own interests, and always have. Most of the time they can best describe each other as 'Frenemies' - Friends when their interests coincide, and enemies when opposed.
The Gulf's interest vs the US has always been security, and reduced competition in return for PetroDollar.
It is imprudent, to say the least, for European countries to put more than 15-20% reliance on any one vendor or region for anything, anything whatsoever.
It is RANK HYPOCRACY for ZH'ers to preach financial diversification on the one hand, and then criticize diversification when it negatively impacts Russia.
Where people spend their money and how they diversify is their own business. If acted on your own advice you would not be here.
who cares about fiat ? Only fools
one should think in terms of real staff - people need food water and heat in the winter
russia is self sufficient country now going to ensure food safety by reducing food imports and cranking up on its own production
"Seriously, what do they want from Putin?"
After the Soviet Union collapse, they thought they were going to get to Russia's natural resources - their life-long dream - in a matter of years. By the time they got their Western NGOs and America-friendly Russian oligarchs in full swing, trying to subvert the country to make it ultimately choose the EU path, which puts the countries under full US domination and allows for all the plundring you want, they came up against a wall: an elected Russian president who was no fool, Putin. Hence their frustration, hate and various mud-slinging campaigns. The crisis in Ukraine is only the last episode of an ongoing campaign of destabilization. Which works less and less. Not only people are not buying "big bad Putin" anymore, but it's beginning to seriously bug them. So, as they don't know anything else than barking orders and flexing muscles, they escalate the campaign. And get people even more cross. So they escalate even more...
I agree. But the point is: if you talk to normal people here in Spain or in Germany, educated and studied people, they just watch TV and read the common Newspaper - and they buy all this shit, they just believe everything.
They even attack you, if you try to show the other side and get them into a Discussion.
It´s unbelievable , how brainwashed people are.
Come on do it! Do it you EU cowards! Fuck yourselves royally! Prod Russia into:
1. rolling out, with BRICS, the gold trade settlement system
2. releasing the true 911 story from the Snowden files
Russia doesn't have Snowdens files, the reporters do. The BRICS will never do that you are either into the vodka or delusional...
Are you really think Russia doesn't have snowdens files and Snowden is a tourist? Are you stupid or what?
You really don't read much, do you...
3. notify EU that all future payments for gas/oil in gold, ruble or yuan.
So which US politicians have been actively blocking US exports of LNG?
They just happen to be the same ones who have actively hobbled nuclear power in the US and claiming the urgency to stop CO2 emissions by shutting down US coal plants.
Bet one could trace cash flows back to Gazprom for many of these traitors.
Here's two names - Markey and Boxer.
fat burns well........ fat cat bankers will do just fine.......
pablo escobar once burned $2 million to keep warm.... burn dollars
laughed this am when i saw a silver certificate... redeemable for ONE SILVER DOLLAR
Silly, silly people. They're not looking to blame Russia on some petty "military" incident. They're looking to blame Russia for destroying the global economy.
Ultimately the winners will decide who is to blame...
What a disgusting game!
US leads her slavish EU-Muppets in self-Destruction and they don´t even seem to realize. MSM are brainwashing european sheeple until boiling point - and these Europeans don´t even get it.
Meanwhile US goes on a happy Drilling-Party with Russia in the Arctic - nobody could make this Shit up, it´s so disgusting ridiculous and tragic.
A rather misleading headline,
as based on the graph..
Judging by the graph, Europe in 2014
has actually pumped the same or
slightly less gas into storage than
they did in 2013.--gas storage is fuller
this year only because it it started with
approximately 13B cu.m more gas
at the end of 2013 winter than it
had remaining after the 1012 winter
It appears that they have pumped
only around 36B cu.m this year,
compared to pumping around
49B cu m into storage last year.
Adequacy of gas supply will depend
heavily on whether it is a colder or
a warmer winter.
Bardarbunga is still burping lava and having quakes. If that were to suddenly become more dramatic, northern Europe's winter could be colder because of it.
In reality America has few military options in Russia's backyard unless it has the backing of a full and enthusiastic NATO and that is very unlikely. Europe has reason to be unexcited about a possible long and expensive conflict. While still trying to recover from a recession Europe would face fuel shortages and a massive spike in the price of natural gas.
Putin a great deal of leverage. Don't hold your breath for Putin to back-off or back-down, he has put down his marker and is now playing both Obama and Kerry for fools. If an actual ground attack does occur the Russians will not rollover as other armies have when America approaches. More on this subject in the article below.
http://brucewilds.blogspot.com/2014/07/putin-holds-all-cards.html
One problem with loading up and storing natty gas is that it means those Euros have ALREADY gone to Russia - in essence - Russia has loaded u on Euros by pre-selling this gas!
They already spent the money on the games
It wasn't money--it was debt. Don't ever forget that there is a difference between money and debt! A strictly debt based global economy is only about 42 years old. Judging what comes out of the mouths of mainstream economists you would think debt money had been around for forty forevers--and will last another forty forevers.
Also, don't forget that what is deemed as money is deemed by FORCE of a giant centralized government. Globalization took away honest trading once one centralized entity took charge of what was redeemable as money.
Semantics.
I never heard of a gun or nuclear weapon being repossessed.
So, BFD!!!
RUS can simply ask for Payment Up Front if the Sanctions Kick in; and probably demand Physical Gold For it. It's almost Spring and Summertime soon in Latin America; Always Warm in India/Pakistan/Myanmar/Indonesia. I'm VERY Certain Indian Farmers would want to Farm non-GMO Produce with an eager Customer (cite Monsanto Seed induced suicide cases).
Here's a Wrench in the Gearing Scenario:
After the Sanctions Wait-Out is kicked off, what if ISIL decides to "Bomb" a few EU Sanctioners' Oil/Gas Reserves and Pipelines, in order to selll their Oil/Gas in the Black Market at a Hefty Premium?
Cold winter? PFFF... All we have to do is idle a car for an hour or two and global warming will kick in, melting the ice caps and turning Europe into North Africa... wait, it already is, just not in climate...
Seriously however, The China Russia deal to provide gas, outside of US dollars, from Russia to China has the potential to undermine any sanctions Europe puts on Russia. Moreover, such a system of sanctions would push Russia further into the China camp... or visa versa.
A better strategy would be to admit Putin beat Obama and the EU, call a truce ceding Crimea to Russia and allowing Ukraine to get their eastern cities back. A little pragmatism goes a long way. Too bad our leaders have none.
Deleted as double entry
If Eurpeans think they will continue to get gas at the same prices from these underground ( Ahem Ahem) gas chambers without huge profits to those who are provding this feature- Think again
Remember who was it who said- Profit from every opportunity.
This is Europe's ( or rather those countries in Europe who have courage and sense) last chance to get rid of American shackles.
Russia and their gas can bed down for the winter, in place, and wait for Spring. Then they can move west again. This is one time slow is how it will go, and thereby obtain all the military goals, and keep the NordStream and get SouthStream running. This is like Judo match between a Judo/Chess master and thin inexperienced opponent. Judo where waiting with all the weight on your side is the key.
If moves are made, then weight adjustments and leaning on other pressure points will occur. Plenty of waiting this winter for Spring.
Snowpocalypse & Snowmageddon will bring the U.S. to its knees.
The queen over there never thanked Obama for the I-pod. He won't help those people.
You cats want to combine credit reports on a tanker of propane?
Ideally park the tanker next to Europe and wait ‘em out. It’s an easy 10 bagger to the hospitals.
Here’s a tanker ship on the cheap. How can we go wrong – he’s wearing a bow-tie.
For sale + charter LPG + LNG tankers
http://www.alibaba.com/product-detail/For-sale-charter-LPG-LNG-tankers_1...
It doesnt matter if they stockpile, every gas supplier in the world does this. You have to, if you dont have any reserve, waiting for the gas to go from the source to your stove is impossible.
Its like going to the store for just enough coffee and milk for one cup, every time you want to make one.
Its unlikely that without storage, the system would even work correctly under peak demand. (although i am not a gas storage and pipeline expert, and did not stay at a holiday inn recently)
BTW Finland only has 1 month of storage. And not sure if Baltic states can get reverse gas from Poland.
Then there is the Russian pincer encamptments...Kaliningrad, Moldova-Transnistria...they might get gas this winter and hot into Spring.
http://www.ibtimes.com/russia-conducts-military-exercises-moldovas-break...
This will also effect employment in Europe. Combine this with an ISIS terrorist attack and you will have a very fun spring.
Remember the riots in Paris.
We need more Zero Hedge nitwits extolling Putin as the exemplary ruler.